Over the past few days, I’ve been messing around with Reviewhunt as they have just “relaunched” the platform with new UI designs and simplifying it.
Within 24 hours I managed to earn about $7 in total value. Which I had transferred to my ETH wallet without any problems at all. You can sell your HUNT tokens on Daybit exchange. HUNT/BTC
I did a quick video awhile back on how to transfer your HUNT tokens to DAYBIT. https://www.youtube.com/watch?v=sMc2-BzbqkY
What are QUESTS on ReviewHunt ?
Quests are actionable items that you want participants to do. For example, like a social channel ( FB, Twitter, YouTube … etc ). There are countless things you could request a participant to do, for example, Play a game or do an App Store Review of a product.
In my trial, what I did was I created a quest to Subscribe to my YouTube channel and view and like one of my videos. Here is a snapshot of my Quest Brief
The budget’s which I set was only $12 for the entire campaign and anyone who participated would have gotten $0.20 per approved submission.
I paid the about 3,375 HUNT tokens to run the campaign which was about$12 at the time of payment. ( now its a bit cheaper since the price did go up over the past 24 hours )
The Results of Creating a REVIEWHUNT Quest
Ok … here were the results of doing that simple campaign. Literally my budgets ran out within 12 hours of launching the Quest as I could only fit in 60 participants with my budgets.
As the Maker of the Quest, you would require to moderate and approve submissions. And with only 60 participants allowed, it didn’t take much time and it was really simple to do.
In actual fact, I went to sleep and woke up the next morning seeing my YouTube notification just buzzing with messages.
I was getting more views and subscriptions from those who participated in the Quest. But this was expected as its almost like buying ADS from Google Adwords.
The main difference was that I was also getting comments and more engagement than the norm. You would also see that it would have started to show in searches based on the keywords you’ve placed in your video.
I’m pretty much a newb in YouTube videos and I’m not a SEO expert, so apart from using Google Adwords for me, these numbers are big for me.
Is it worthwhile using ReviewHunt to boost your social channel?
The main reason I did this Quest and targeted my YouTube channel was basically to try out how effective it is running a quest and I just wanted to get above 100 subscribers for my YouTube so that I was able to claim my name.
But the question would be, is it really worthwhile? While there are soo many options out there to buy YouTube views and to buy engagement. Reviewhunt is able to get you better quality results in terms of engagement from this test.
Paying $0.20 for a like and comment is considered a very high price for a Social Channel boost however if you are just getting started in your brand new channel, this may be a great solution for you.
Here are some challenges which I found while using Reviewhunt these participants for my quests.
1 – SPAM – With a low entry point of getting started on ReviewHunt, I found that there were multiple spam accounts which had joined the quest and they did do what was required including submitting in a screenshot. However, when you did look thru these accounts, you see that it was created only to gamify Reviewhunt and was there only to grab any hunts available for the $$$
**suggestions to team : create a Rating system for Makers to be able to rate the quality of the submission & also mark spam accounts.
2 – Quest Quality – Just as a participant ( hunters ) are able to signup and spam quest to gamify the platform, Makers are also able to do so by creating quests to promote scams/money games and such
** suggestions to team : create a rating system for Hunters to be able to rate or report a low Quality Quest ( promoting scams / money game )
3 – HUNT Token Liquidity – there is just not enough exchanges in which you are able to trade HUNT tokens, therefore a hunter may find it hard to understand how to liquidate their HUNT tokens. Also for Makers who want to buy HUNT Token to avoid the 20% conversion fee costs may find it harder to buy these Tokens.
**suggestion to team : Since most exchanges charge a fee to list HUNT token, why not create liquidity in DEX such as https://uniswap.exchange where anyone is able to add to the liquidity pool especially those who want to earn more from their HUNT tokens and this would surely push the trade volume up.
So, in conclusion, ReviewHunt is indeed a brilliant platform to use and to incentify users with getting rewards for just doing simple tasks. However like any other platform, we would surely see the true potential of ReviewHunt if there is a large volume of both Hunters and Makers which is consistently using the platform.
Its still considered early stages for ReviewHunt, however I’m confident that the team would work its magic and make it a really successful project.
Cheers and these are just my personal opinions of ReviewHunt. If you have not participated or login to ReviewHunt , do give it a try and let me know your views of it. Here is my referral link if you care to use it.